不易财经，财经笔记

Forward Contract

forward contract is an agreement to buy or sell an asset at a certain future time for a certain price. It can be contrasted with a spot contract, which is an agreement to buy or sell an asset today. A forward contract is traded in the over-the-counter market—usually between two ﬁnancial institutions or between a ﬁnancial institution and one of its clients.